Cryptic Crashes: TON Drops Like a Sock in the Wash! 🚨

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What to know:

  • TON has ventured below the sacred $3.00 barrier, tumbling 7.55% from $3.18 to $2.94 overnight. It’s as if the coin woke up on the wrong side of the blockchain.
  • Miraculously, amidst the chaos, TON attempted a comeback, sporting a V-shaped bounce and rising a whole 1.4% in the last hour from $2.89 to $2.93 — as if it remembered it once had dignity.
  • In a dramatic turn, Pavel Durov, the co-founder of Telegram, refused to bow to French spies demanding censorship regarding Romanian elections — possibly moodily influencing TON’s fate.

Global economic tensions and trade policies are throwing crypto prices around like a drunken sailor onshore, and TON isn’t exempt. It’s making a descent with the grace of a falling anvil, creating a channel with lower highs and lows that’s rather less of a trend and more of a tragedy.

a place to watch for a reversal or a final descent into the abyss.

  • In a moment that could be called cinematic, a V-shaped reversal in the last hour broke through $2.90 with volume that says “we mean it this time.”
  • Between 13:36 and 13:38, a bullish impulse nudged the price up by 3.6%, nearly enough to make you believe in miracles once again.
  • Even as profit-taking near $2.95 tried to put a damper on things around 13:48-13:49, TON remained above $2.93—probably stubborn or simply tired.

    • External References

    • “$15M Gone? Telegram Crypto Project’s Co-Founder Arrested For Alleged Fraud”. Bitcoinist, published May 19, 2025. Because nothing says trust like a scandal at the party.”

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    2025-05-19 19:13